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20121201
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? >> i do not. >> tom: daniel rohr with us, he is with morningstar. >> reporter: i'm erika miller in new york. tomorrow, we'll talk to the c.e.o. of kitchen chain sur la table and hear his outlook for holiday spending. >> susie: finally, we want to remind you about a special guest on "n.b.r." tomorrow: "n.b.r." founding co-anchor paul kangas will join us tomorrow night, december 6. and we'll talk about the markets, and he'll answer some of your questions. that's tomorrow night. and you can submit your questions on facebook or twitter at bizrpt. i'll be in miami with both of you. >> tom: we've been straightening up the studio for your visit here, susie. we've been sweeping up and cleaning up. >> susie: i was counting on that. thanks, tom. >> tom: you've got it. >> susie: that's "nightly business report" for wednesday, december 5. have a great evening, everyone. and you, too, tom. >> tom: good night, susie. we'll see you online at www.nbr.com and back here tomorrow night. captioning sponsored by wpbt captioned by media access group at wgbh access.wgborg >> join us anytime at nbr.com. there
: daniel rohr is a metals and mining analyst from morningstar and joins us from chicago. dan, how unique of a deal is this in the u.s. to have mining and energy drilling all in the same company? >> it is very unusual, forthe p. decades, ago, however, we had seen a lot of the oil majors, folks like amco, with exposure to mining as well. this is an animal we haven't seen in quite sometime in the u.s. >> tom: what drove the deal for freport, why did it want to go outside its expertise mining, that was two generations of leaders ago. why now? >> yeah. i'm still struggling with the underlying strategic rationale for this deal. judging by the stock market, i can't see a clear rationale as far as why they did this. what management has said is they see a compelling story for oil and gas demand over the next several decades, and the purchase of plains and m.n.r., was a good way to bet on that outlook. >> tom: i suppose one point that is worth exploring here is little bit, mac moran and mines around the world, they're mostly based here in the u.s. is that a big change, and why that? >> freport's m
Search Results 0 to 4 of about 5 (some duplicates have been removed)